Thursday, Aug 09, 11:15 GMT
U.S. Trading Newsletter
To Get Started
- Website Renewed! All the Forex Market news and research also in Spanish
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- Fed Meeting Review by FXstreet.com
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Live Sessions Schedule
How to Get Started Trading Forex
Expert: Steve Primo
Start: Thu, Aug 9, 15:00 GMT
Sponsored by: 
Type of Session: Webinar
Trading with Tim Billups
Expert: Tim Billups
Start: Thu, Aug 9, 16:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Thu, Aug 9, 15:00 GMT | How to Get Started Trading Forex | Steve Primo | WBN | |
| Thu, Aug 9, 16:00 GMT | Trading with Tim Billups  | Tim Billups | WBN | |
| Thu, Aug 9, 18:00 GMT | Live Look at Today's Markets | Derek Frey | WBN |  |
| Fri, Aug 10, 11:00 GMT | The Contest Webinar | Raghee Horner | WBN | |
| Fri, Aug 10, 12:00 GMT | Emerging Market Currencies | John Jagerson | WBN | |
Current Session: Europe − U.S.
EUR/USD
EUR/USD Daily Technical Forex − EUR/USD Daily Technical Forex by Stoploss.ch
The Euro recovered its recent losses on yesterday and rose for about 100 points setting intra−day support around 1.38. Support is currently seen at 1.3795 backed by 1.3775 and 1.3725. Resistance is noticed at 1.3820, the record high at 1.3850 and 1.3900. Daily momentum is bullish while the hourly sentiment is negative at the time of this writing.
- Postcards from the Right Edge!: New technical analysis blog by Rob Booker
- The Signals Tracker: track down the performance of a particular signals provider
- Check out how the currency moved on Live Currency Rates & Charts at FXstreet.com
- Follow up the most relevant Economic Data in the new Real Time Economic Calendar
- Be up to date with the Latest Forex News
Other Topics for this Session:
Forex Technical Report − Forex Technical Report USD/JPY by iFOREX.bg
The Word of Majors − EUR: The bulls are clinging to the still valid upward bias by FXstreet.com
Daily Forex Technical Report − Rebound in Yen Crosses Completed? by ActionForex.com
Majors at a Glance
- EUR/USD
- Continues to trade below pivot level 1.3781, testing first support level 1.3738
08/09/2007 10:53 GMT - GBP/USD
- Continues to move down below pivot level 2.0308
08/09/2007 10:53 GMT - USD/CHF
- Trades below pivot level 1.1956
08/09/2007 10:53 GMT - USD/JPY
- Continues to move down below yesterday low 118.71 , toward second support level 118.30
08/09/2007 10:53 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - GBP/USD
**Source : ActionForex.com, CMS Forex, Danske Bank A/S, Finotec Group Inc., FXstreet.com, Global Forex Trading Ltd. , Mizuho Corporate Bank
[ View ASI page ] [ View GBP/USD page ]
Charting the Market Movers
EUR USD, Hourly
GBP USD, Hourly
Top Market Movers Preview
US INITIAL JOBLESS CLAIMS
| Date (GMT) | Event | Cons. | Previous | |
| Aug 9 | 12:30 | Initial Jobless Claims | 310 | 307K |
Friday Notes - Weathering the storm by HVB Group
There has been little movement in initial claims for unemployment compensation in recent weeks, and that is not likely to change much over the coming weeks.
[ Full Story ]- Ahead of the Bell: Unemployment Benefits (Thomson Financial News)
Top Market Movers Review
UK TOTAL TRADE BALANCE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Aug 9 | 08:30 | Total Trade Balance | -3.6B | -3.9B | 3.7B |
DATA SNAP: UK June Trade Deficit GBP6.3B Vs GBP6.4B In May (Dow Jones)
The U.K.'s trade deficit in goods with the rest of the world narrowed to a 20−month low in June as total exports rose sharply. The Office For National Statistics said Thursday that the global goods trade deficit narrowed to GBP6.3 billion in June.
[ Full Story ]- Read the UK Trade at National Statistics
- UK June trade in goods deficit 6.3 bln stg, lowest deficit since Oct 2005 (Thomson Financial News)
- DATA SNAP: UK June Trade Deficit GBP6.3B Vs GBP6.4B In May−2 (Dow Jones)
- UK trade deficit narrows in June (FXstreet.com)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Aug 9 | 01:00 | KR | Interest Rate Decision | 5.00% | 4.75% | 4.75% |
| 01:30 | AU | Unemployment Rate (Jul) | 4.3% | 4.4% | 4.3% | |
| 08:00 | EMU | ECB Publishes Monthly Report (Aug) | ||||
| 08:30 | UK | Total Trade Balance (Jun) | -3.6B | -3.9B | 3.7B |
|
| 12:30 | US | Initial Jobless Claims (Aug 4) | 310 | 307K | ||
| 12:30 | CA | New Housing Price Index (YoY) (Jun) | 0.7% | 1.1% | ||
| 23:50 | JP | Domestic Corporate Goods Price Index (MoM) (Jul) | 0.6% | 0.1% | ||
| 23:50 | JP | Domestic Corporate Goods Price Index (YoY) (Jul) | 2.1% | 2.3% | ||
| Aug 10 | 04:30 | JP | Industrial Production (MoM) (Jun)  | 1.2% | -0.3% | |
| 04:30 | JP | Industrial Production (YoY) (Jun) | 1.0% | 3.8% | ||